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VISA profit beats estimates
Visa profit beats estimates as discounts fuel holiday shopping splurge
Visa's first-quarter profit beat Wall Street estimates on Thursday, as easing concerns about an economic slowdown and discounts encouraged customers to splurge during the holiday shopping season. Retailers offered deep discounts on everything from apparel to toys and luxury products to lure cost-conscious consumers while online sales remained strong thanks to a boom in mobile shopping.
Visa's holiday spending, partnerships fuel earnings beat
The card brand also touted its payments partnership with the social media platform X as evidence of strength in its partnership strategy.
Visa Profit Climbs 5% as Consumer Spending Holds Up
Visa on Thursday reported $5.1 billion of profits for the final three months of 2024, up 5% from the year prior, as consumer spending remains solid even as some inflation persists. Visa’s per-share earnings for its fiscal first quarter amounted to $2.
32m
Visa price target raised to $375 from $340 at JPMorgan
JPMorgan raised the firm’s price target on Visa (V) to $375 from $340 and keeps an Overweight rating on the shares. The company’s fiscal Q1 ...
The Express Tribune
24m
US Diversity Visa Program: What’s the future of the Green Card lottery under Trump?
As President Donald Trump embarks on his second term after his re-election in November 2024, the future of the US Diversity ...
11h
on MSN
Visa reports Q1 beat, stock climbs in overtime
African elephants are one of the largest animals that currently exist, and there 7 animals that are able to get bigger than ...
11m
Q1 2025 Visa Inc Earnings Call
Jeff Cantwell; Analyst; Seaport Global Securities LLC Tianyi Wang; Analyst; J.P. Morgan Securities LLC ...
1h
Visa price target raised to $395 from $360 at Wells Fargo
Wells Fargo raised the firm’s price target on Visa (V) to $395 from $360 and keeps an Overweight rating on the shares. The firm notes Visa had ...
2d
Prince Harry Visa Case Hits First Major Test Under Donald Trump
The new president has said he "wouldn't protect" the Duke of Sussex over a lawsuit about the royal's visa, and a court ...
2d
on MSN
Elon Musk’s ‘X Money’ Partners With Visa For Payments—Here’s What To Know About Venmo Rival
Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a ...
2d
on MSN
Visa approval crisis threatens to cost 2026 World Cup and L.A. Olympics millions
Will the Trump administration fix a backlogged visa approval process in time for fans from many countries to attend the World ...
2d
X announces a partnership with Visa to power X Money’s wallet
Elon Musk-owned social network X announced a partnership with Visa to handle person-to-person payments for its upcoming X ...
2d
X Taps Visa as First Digital-Wallet Partner for ‘Everything App’
Elon Musk struck a deal with Visa Inc., naming the payments company the first major partner on his mission to turn X into an ...
9h
on MSN
Visa gives rosy guidance as spending growth improves
The stock rose 2% on Thursday and was up another 1% in after-hours action following Visa’s V own upbeat earnings report, in ...
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